Generation Mining arranges $400m debt facility to advance Marathon project
The debt facility gives Generation a total of C$740 million for mine and mill construction.
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Harmony Gold reports fatality at Kusasalethu mine
The company said the accident occurred on April 30 and that it had temporarily ceased work in the affected section.
Russian gold in hands of obscure firms as JPMorgan, HSBC exit
Dozens of logistics firms and merchants that are small players in the gold sector have taken over the Russian bullion trade.
Charted: Commodities vs equity valuations (1970–2023)
The commodities-to-equities ratio recently hit a 50-year low. In the past, when this ratio reached such levels, commodity supercycles began.
BMC Minerals expands Yukon portfolio with Kona copper-gold deal
The Kona open pit and underground deposit hosts total indicated resources of 3 million tonnes grading 1.4% copper, 0.7 g/t gold and 4 g/t silver.
Atlas Lithium secures $20 million from royalty sale to expedite Neves project in Brazil
The company is selling a 3% gross overriding revenue (GOR) royalty to Lithium Royalty Corp.
Hummingbird Resources expects first gold pour at Kouroussa this quarter
Kouroussa is forecast to produce an average of 100,000 ounces of gold per annum over an initial seven year LOM.
Ferrexpo’s CEO Jim North to step down
The group said Board Chair Lucio Genovese will act as executive chair on an interim basis.
India’s NMDC in talks with Australia’s Hancock for lithium mining
NMDC is also working on plans to export low-grade iron ore to China.
